408 South 49th Street

McAllen, TX 78501

$175,000
Price
9,009 / 0.21
Lot Size / Acres

Description

Investors alert! An exciting opportunity awaits with this RESIDENTIAL VACANT LOT, ideal for MULTI-FAMILY DEVELOPMENT! Embark on a lucrative investment journey with his prime 0.21-acre lot, in the prestigious Shary Landing Sub-division. This lot is perfectly suited for a Multi-Family 4-Plex! Just nestled 3 minutes away from the esteemed Sharyland High School and the IDEA Academy, this strategically located parcel promises unparalleled convenience and high demand for potential residents. Imagine the...Investors alert! An exciting opportunity awaits with this RESIDENTIAL VACANT LOT, ideal for MULTI-FAMILY DEVELOPMENT! Embark on a lucrative investment journey with his prime 0.21-acre lot, in the prestigious Shary Landing Sub-division. This lot is perfectly suited for a Multi-Family 4-Plex! Just nestled 3 minutes away from the esteemed Sharyland High School and the IDEA Academy, this strategically located parcel promises unparalleled convenience and high demand for potential residents. Imagine the possibilities, of creating a thriving multi-family community, in this sought-after neighborhood. Act now to secure this rare pearl and capitalize on this flourishing real estate market. The time is ripe for you, to shape the future, of Shary Landing Apartments with this exceptional opportunity. Own a piece of the Rio Grande and all it's potential!
  1. Listed by Sylvia Fortuin • TREC #801070552 • Marcus Phipps Real Estate Llc

Property Details for 408 South 49th Street

Community Features
Curbs, Street Lights
Subdivision Name
Shary Landing
Zoning
RM

Location

Listing Courtesy of Marcus Phipps Real Estate Llc
Add your commute
LISTING UPDATED: 03/20/2024 12:51 PM

Property Details for 408 South 49th Street

StatusActive
MLS #410412
Days on Market142
Taxes$2,213 / year
HOA Fees$30 / month
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential Lot
Year Built-
Lot Size0.21 AC
CountyHidalgo County

Location

Listing Courtesy of Marcus Phipps Real Estate Llc
Add your commute

Building Information for 408 South 49th Street

Lot Size0.21 AC

Payment Calculator

$1,169 per month

30 year fixed, 7.25% Interest

Principal and Interest

$955

Property Taxes

$184

HOA Dues

$30

The Payment Calculator is for illustrative purposes only.

Property Information for 408 South 49th Street

Summary
Location and General Information
  • Directions: Show Anytime. Take Business Old 83, to 49th Street. Go South on 49th Street. Vacant Multi-Family lot will be 2 blocks down, on your right.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved Road, Paved
  • Topography: Level
School Information
  • Elementary School: Martinez
  • Elementary School District: Sharyland ISD
  • High School: Sharyland H.S.
  • High School District: Sharyland ISD
  • Middle Or Junior School: B.L. Gray Junior High
  • Middle Or Junior School District: Sharyland ISD
Taxes and HOA
  • Association Fee: $30
  • Association FeeFrequency: Monthly
  • Association Name: Magnolia Properties
  • Association: Yes
  • Parcel Number: S294000000000300
  • Tax Annual Amount: $2,213
  • Tax Legal Description: SHARY LANDING LOT 3
  • Tax Year: 2023
Property
Lot Information
  • Building Area Units: Square Feet
  • Current Use: Multi-Family, Unimproved
  • Crops: None
  • Living Area Units: Square Feet
  • Lot Features: Curb & Gutters, Irregular Lot
  • Lot Size Acres: 0.2068
  • Lot Size Area: 9009.9504
  • Lot Size Dimensions: 85x106
  • Lot Size Square Feet: 9009.9504
  • Lot Size Units: Square Feet
Property and Assessments
  • Agriculture Tax Value: $0
  • Escrow: $1,000.00
  • Possible Use: Residential, Subdevelopment
Utilities
  • Water Comments: Water Connection
  • Irrigation Source: Irrigation Water District: CMC District #2
  • Irrigation Water Rights: Yes
  • Sewer: City Sewer
  • Utilities: Electricity Connected
  • Water Source: Public, Sharyland WSC
  • Electric On Property: Yes
Mobile Home
Mobile Home Information
  • Home Warranty: No
Interior and Exterior Features
Exterior Features
  • Fencing: None
Rental
Rental Information
  • Leased Rent Share: 0

Property History for 408 South 49th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 408 South 49th Street

Taxable ValueLand$88,298Additions-Total$88,298
Tax Record2022$1,790 ($149 / month)
Home Facts
Beds0Lot Size9,010 SqFtStyleMiscellaneous Vacant LandCountyHIDALGOAPNS2940-00-000-0003-00

Schools near 408 South 49th Street

This home is within Sharyland Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Romulo D Martinez Elementary School
PublicPK to 6

B L Gray J High School
Public7 to 8

Sharyland High School
Public9 to 12

Sharyland Advanced Academic Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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408 South 49th Street is a 0.21 ac of land for sale in McAllen, TX 78501. This property was listed for sale on December 30, 2023 by Marcus Phipps Real Estate Llc, it's currently listed at $175,000. This listing's school district is Sharyland Independent School District. Nearby schools include Romulo D Martinez Elementary School, B L Gray J High School and Sharyland High School. 408 South 49th Street is a 0-bed, 0-bath, 0.21 ac of land on a 9,009 sq. ft. / 0.21 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus Phipps Real Estate Llc

Based on information from one of the following Multiple Listing Services: GMAR MLS, South Texas MLS and Amarillo Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by GMAR MLS, South Texas MLS and Amarillo Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.